What is LLP Registration?

LLP basically stands for limited liability partnership. LLP Firm Registration in Delhi more easy and less legal formalities way to register any company this is the only reason why people prefer more LLP Registration.

Limited liability partnership or LLP is a combination or mixture of partnership and corporate. LLP is a business structure which registered under by a legal LLP agreement. LLP Firm Registration in Delhi is a registration where partners bound their limited liability which they initiated at the time of registration.

In this LLP agreement it holds the information about the designated partners, their liability also roles and activities which designated partners need to perform in their LLP.

Every Limited liability partnership at least 2 partners must be required for registration of partnership whereas there is no limit of on the maximum number of partners under LLP Act, 2008.

Moreover, out of these partners, one partner must be an Indian Resident, if none of them have Indian Resident in that case, one nominee must be appointed to work as designated partners.

As LLP is more similar like partnership or corporation.